Carter's Inc has a consensus price target of $67.67 based on the ratings of 6 analysts. The high is $80 issued by Evercore ISI Group on February 28, 2024. The low is $50 issued by Citigroup on November 12, 2024. The 3 most-recent analyst ratings were released by Citigroup, Wells Fargo, and Wells Fargo on November 12, 2024, October 28, 2024, and September 9, 2024, respectively. With an average price target of $62.33 between Citigroup, Wells Fargo, and Wells Fargo, there's an implied 17.97% upside for Carter's Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Carter's (NYSE:CRI) was reported by Citigroup on November 12, 2024. The analyst firm set a price target for $50.00 expecting CRI to fall to within 12 months (a possible -5.37% downside). 10 analyst firms have reported ratings in the last year.
The latest analyst rating for Carter's (NYSE:CRI) was provided by Citigroup, and Carter's upgraded their neutral rating.
The last upgrade for Carter's Inc happened on November 12, 2024 when Citigroup raised their price target to $50. Citigroup previously had a sell for Carter's Inc.
The last downgrade for Carter's Inc happened on January 26, 2023 when Wedbush changed their price target from N/A to $78 for Carter's Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Carter's, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Carter's was filed on November 12, 2024 so you should expect the next rating to be made available sometime around November 12, 2025.
While ratings are subjective and will change, the latest Carter's (CRI) rating was a upgraded with a price target of $50.00 to $50.00. The current price Carter's (CRI) is trading at is $52.84, which is out of the analyst’s predicted range.
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